tiprankstipranks
Advertisement
Advertisement

Adslot Director Increases Indirect Shareholding Under Fees Plan

Story Highlights
  • Adslot director Adrian Giles increased his indirect shareholding via Yarra Ventures through new shares issued under the Director Fees Plan.
  • The share issue, approved at the 2024 AGM, reflects Adslot’s ongoing use of equity-based director remuneration and adherence to ASX governance rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adslot Director Increases Indirect Shareholding Under Fees Plan

Claim 55% Off TipRanks

Adslot Ltd ( (AU:ADS) ) has provided an announcement.

Adslot has disclosed a change in director Adrian Giles’s indirect interests in the company’s shares, following the issue of new ordinary shares under the Director Fees Plan for the quarter ended 31 March 2026. Through Yarra Ventures Pty Ltd as trustee for the Yarra Ventures Trust, Giles acquired 7,675,191 fully paid ordinary shares at $0.0011 per share, increasing his indirect holding via that entity to 139,897,374 shares, with no disposals recorded and no related contract changes noted.

The share issue stems from shareholder-approved arrangements at the company’s 2024 annual general meeting, underscoring Adslot’s continued use of equity to remunerate directors in line with its governance framework. The disclosure confirms that the transactions did not occur in a closed trading period, providing transparency for investors about director alignment with the company’s equity performance and adherence to ASX listing rules.

More about Adslot Ltd

Adslot Ltd is an Australian-listed company active in the technology and digital advertising sector. The company issues fully paid ordinary shares and operates director share and fee plans aligned with shareholder approvals, indicating a focus on equity-based remuneration and governance structures tied to market regulations.

Current Market Cap: A$5.91M

For a thorough assessment of ADS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1